It’s been a big month for legal tech deals and investment, with Pinnacle acquiring Enable Business Solutions and DocsCorp acquiring Docuble among other acquisitions. Plus in the DMS space RPC has swapped out OpenText for iManage Cloud. We bring you a catch up of all the top stories this month, including the many movers and […]
UK top 50 law firm Pinsent Masons has entered into a reseller agreement with ContractPodAi, under which it will receive a commission for introducing its clients to the contract lifecycle management platform. While Pinsent Masons is one of the most advanced law firms globally in developing its own tech solutions, head of consulting Mike McGlinchey […]
Aderant has appointed Jairam Padmanabhan as its first-ever chief product officer (CPO), based at Aderant’s headquarters in Atlanta. Padmanabhan’s primary objective in this role will be to accelerate the company’s worldwide innovation across its entire product suite. Padmanabhan is a veteran product management leader with 30+ years of experience in software strategy, marketing, and development. Throughout his career, he has specialized in creating technology for […]
International law firm DAC Beachcroft is automating the identification and verification part of its new client acceptance process through the use of Thirdfort, which is currently being piloted across the firm’s eight offices in England and Wales. Following the conclusion of the pilot, DACB says it intends to roll out the new automated identification and […]
Financial services giant Morgan Stanley has entered into an agreement with top US firm Wilson Sonsini Goodrich & Rosati to take over the stock plans of thousands of startups using Wilson Sonsini’s proprietary capitalization management software. The companies will migrate to Morgan Stanley’s global stock option administration platform Shareworks, which offers equity management solutions for […]
Contract management platform Evisort this week announced $35M in Series B funding following a year of 4x revenue growth, bringing its total funding to $55.5M. Global growth equity investor General Atlantic led the round, with participation from existing investors Amity Ventures, Microsoft’s venture fund M12, and Vertex Ventures. General Atlantic’s Operating Partner and former GE […]
Linklaters has appointed its German COO, Stefan Schwarz, as director of legal operations, following the resignation of Stewart Chippindale at the end of last year. Schwarz will be the magic circle firm’s first functional head based outside of the UK. The director of legal operations role was created in June 2019 to head a 400-strong […]
Linklaters has today (23 February) formally unveiled its new client contract automation platform, CreateiQ, which has already been applied to digitise the ISDA master agreement in the derivatives space. CreateiQ has been hard coded by Linklaters’ technology arm, Nakhoda, and is not based on third party tech. It leverages the knowledge of Linklaters lawyers in […]
Egress today (23 February) publishes its Data Loss Prevention Report 2021, which shows that 95% of organisations suffered data loss in the past year. Over eighty percent (83%) of respondents said that they had experienced email data breaches. But perhaps most surprisingly, 35% of IT leaders polled said they have faced litigation from data subjects. […]
UK top 50 law firm RPC has selected iManage Work 10 as its cloud-based document management system, swapping out it legacy OpenText eDOCS DMS. The international law firm has 850 legal professionals spread across offices in London, Bristol, Singapore, and Hong Kong.
Global legal technology consultancy Pinnacle has acquired Microsoft Gold partner Enable Business Solutions, which was founded by former Tikit founder Liam Flanagan in 2013. The tie-up will see Enable’s two products, PitchPerfect and RevenueManager, embedded within the consultancy and managed services capability of Pinnacle. It is hoped that the move will accelerate the joint company’s global expansion, bringing together its risk, finance and business development expertise.
This is the story of how KP Labs and Autodesk abandoned the traditional vendor/customer relationship and created a co-innovation process to build a solution to the problem of how you manage the information around accrued expenses in real time. Oh, and, what all that has to do with a 1980s all-female pop group.
UK top 100 law firm Forsters LLP has gone live with its NetDocuments document management system (DMS) implementation, despite the challenges presented by COVID19. The implementation, first announced in July 2019 at selection, is part of a broad transformation drive kickstarted when Forsters’ management brought Janders Dean (now part of Morae Global) in to introduce a […]
By Dave Wilson, founder and managing director of Tiger Eye Lawyers often work in high pressure environments, dealing with highly sensitive data and frequently complex cases. Working from home, there can be a feeling of disconnect from the people they work with – particularly if there is difficulty accessing the information and documents needed. In […]
iManage has announced the findings of a study conducted by Forrester Consulting which analyses the Total Economic Impact (TEI) and benefits realised by corporate legal departments deploying iManage Work for email and document management. We’re told that the study shows that companies attained an ROI of 378% over a three-year period, with iManage paying for itself […]
Atlanta-headquartered legal and professional services outsourcing IT solutions provider Intelliteach has rebranded as Frontline Managed Services (FMS) and hired ex-Thomson Reuters senior director of innovation, Carlos Gamez, as chief revenue officer. “We have invested heavily into our business to add services and staff to ensure we are out in front of any new challenge and […]
Legal IT Insider has been given the first peek at the brand-new legal technology and GRC M&A tables from Spark – a dashboard for legal and regulatory solutions launched by legal tech analytics company Legalcomplex.com. Legalcomplex.com was co-founded by data wizard Raymond Blijd, who previously worked for Wolters Kluwer. The M&A tables show us that […]
Leading Australian law firm and Linklaters alliance partner Allens has announced the participants in its inaugural legaltech accelerator. Seven startups developing solutions in document automation, smart contracts and AI-driven knowledge management have been announced as the first participants in Auctus, which received over 120 applications for its eight-week virtual programme.
The EY legal function consulting team in EMEIA has bolstered its numbers with the hire of Corinna Codd, Maria Passemard, and Keruschka Sunmugam. Rob Dinning, legal function consulting leader for the team, said: “Combining former general counsel and chief legal operations officers alongside legal project management and transformation consulting professionals, the EY Legal Function Consulting […]
At the end of January, we revealed that Microsoft has launched a Microsoft 365 and Teams Deployment for Legal initiative that includes a four-phase plan to help law firms overcome privacy barriers and a dedicated team to support and accelerate law firms’ 365 journey.